Is Altcoin Safe for Investment

[kram31]

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

If there are a lot of scams that arises now in this business type of industry, meaning there is money. so, all investment form here obviously has a lot of risk mate, however even there there is danger into our capital or money there is also a good in return if we know how to choose the right projects to put our money in it. That's why as an investors we need to be wise any cost, so that we could earn nice in the end.

[harapan]

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

There's no way to make safe investments in altcoins, because even scam projects do look legit lately only to end up rug pulling, nothing is guaranteed when it comes down to investing in new altcoin projects, the best you can do is to make a good research and see if the project has any partnership with a legit existing crypto projects, that's one of the way I identify legit projects now, aside that it's best you invest in existing altcoins like bnb, eth, ada, etc.

[Rexler]

This is more reasons in which you should make a very good research about a project before investing in them, investing blindly on a project which claims to be successful and give you much profit is just like gambling because your investing based on luck, but if you always make researches, ask questions about the project in their official groups, check their back ups and hype there got. With a very good information acquired about a project you can easily conclude which project will turn out to be successful.

[nhaila]

All altcoins never be safe for investment because recently most of the meme coins available in cryptocurrencies market are shit coin and scams . Because investing in cryptocurrencies you should deeply analyst and justify. Don't invest in shit coin.

[Wend]

I have been wondering about that too. If coinmarketcap or coingecko are able to distinguish fake from legit projects. I guess my first assumption is that since it is on their website then it must be legit right? But then again, some legit projects get crappy as time passes and then people will no longer buy the coin until it closes. I think aside from researching we also need to check forums and give it time for us to read all the information here so at least we will be armed with the right information.

Even do they are listed in Coinmarketcap or Coingecko are some of them totally fake, Im always encountered that kind of project listed to encourage those investor willing to invest. But if there goal is to scam only I think many of us in here are suffer on that kind of project, So we need to have some careful and be not aggressive on when it comes to invest in a project that we do not know of what it is.

[iTradeChips]

We sometimes have meetups in our area with other fellows who do cryptocurrency. And when it comes to talking about altcoins, they rarely recommend the high risk coins like DOGE and SAFEMOON. It is only Bitcoin and Ethereum, that they always tell people to invest or trade with. In some rare occasion one of the fellas told me to invest in MATIC as for him that is the only real deal. He give out his own reasons why not to invest in ADA and he is not a fan boy of DOGE either. We are a weird bunch but we do enjoy a good crypto talk from time to time.

[Hannahanto]

I've been following some podcast and trends online on some new projects that looks promising but I don't move in to invest.
Most of this projects are just hyped and at the end it becomes a shit and waste of time and money but not all are the same.
Because they are some fake projects doesn't mean all altcoins project are scam, before you invest on any project you need to DYOR, go through  like you are an ambassador of the project don't just seat and say okay because the coin is trending so you want to invest., that's the reason most of us lose to scam project.

[Alert31]

It is worth to invest in different altcoins as long as you choose a good and trusted project. Although others make huge profit through an altcoin with just a pump and dump scheme, it's to risky but if your a riskier person then it's up to you. Investing needs proper learning about the coin you want to invest to ensure that you will gain profit on it.

[Darktongue]

Personally, if you want to invest in new altcoins, I always look for those with large communities such as Twitter and Telegram accounts that already have more than 10k followers. although that is not the main benchmark at least the altcoin is not easily manipulated by whales. most importantly white pipers and their vision of being in the market must be clear and viable in the crypto world.

Why would you like to take risk from the new altcoins when we have a huge opportunity from the exchange listed altcoins. I can give you a huge community of followers, but the whole including users are fake. A big community can't give us legit projects. Now some altcoins are very safe to do any kind of investment, but your research must be included.

[bluebit25]

All altcoins never be safe for investment because recently most of the meme coins available in cryptocurrencies market are shit coin and scams . Because investing in cryptocurrencies you should deeply analyst and justify. Don't invest in shit coin.

it's just your opinion on this market but what it's going on I see for altcoins at this stage that the top coins are some of the best choices.

I know it's a matter of recent trends but remember that stuff is always trash in this space and don't take shitcoins as a whole.

[Ekyfitri]

if you think for the long term I believe top market assets are the recommendations of many people.
Never trust a new project with a crappy partnership. take a look at their partnership and product planning. it will be a little safer than scammers.
if you have trouble choosing a new project, it's better to choose top assets that are already on the market such as BNB and ETH. it will definitely be profitable if you are patient and don't panic easily.

[Davian144]

That is why you do your own research before investing and participating in a newly developed altcoin in order to about getting scam. It is really important for you to do your deep and rigorous researching. Also, I suggest that instead of investing to a not familiar altcoins try to invest on the top rank altcoins because its more safer than newly develop coins.

Yes, basically all Altcoins need to be researched well, but the ones that are already at the top I don't think need to be researched anymore because the best are always on top and will not be able to be beaten by the new ones, so everyone just needs to research new Altcoins in depth until the potential is proven.

[GelatikKembar]

Of course we have to be selective, because many altcoins are dead, if the goal is long term or at least 6 months then buying the top 100 altcoins listed on Coinmarketcap is a good and safe thing.

Yes, and if 100 different Altcoins feel like a lot, then you can reduce it by half, because those in the top 50 and above on coinmarketcap are also very good to have in the long term with a duration of 6 months.

The top 50 I think is still not relevant. maybe more details can go to position 10 or 20 coinmarketcap so that it can be really relevant to choose the best coin. so I think it's a good thing to determine the best coin price and good price for investment

I agree with you it's better to choose a coin between the top 10 or 20,
i think it's much safer but again we also need to do some research for me that's an important thing,
what is clear is that there are many good and safe altcoins for investment, no need to worry

[retreat]

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

altcoins are also where the money is so naturally there are more and more scams. not all altcoins end up being scams, if you buy a new one, the potential for you to be deceived is 75%, then just choose an altcoin that already has a good reputation in the market.

[MauJohn21]

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

Altcoins are probably the best thing to get right now though. Im currently getting DIVI, it could grow by a lot.

It's currently also listed on KuCoin

I think that one of the things that makes it difficult to get into use with cryptocurrency is that confusion factor, a lot of information but also a lot of misinformation in the process and it becomes difficult to make a decision about which one to trust. In the process, I think it is valuable to review what makes a cryptocurrency trustworthy in order to operate with it. One of the things I have seen is if Kucoin accepts it, another the community that drives it and another the options to run nodes with the opportunity to obtain passive income. In this case, in Divi I find that and more, that is, that it is becoming a reliable source of financial development. Here I share an article about your option of masternodes with cell phones that seems appropriate, since it facilitates complex processes and makes the most of the available resources:https://diviproject.org/blog/mobile-masternodes

[Cryptonian717]

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

I'd say look at the team, but not superficially as in finding them online. The crypto world is a small world, and people from different projects usually met at some kind of crypto conference.

I personally look at the following: Ideal, Whitepaper, Team, Social Media Presence, then I do some research and I ask a few people about the members of the tema.

Right now I am very confident in Ethernity CLOUD - Romanian Made project that will have a Public Sale soon (have a read https://bitcointalk.org/index.php?topic=5344159.new#new)

[richcorner100]

Some good and strong fundamental of altcoin is very good for investment because promising very high profit and really life changing. But we should be doing that in the beginning of bullish market. From the history of crypto market, if we did start invest on altcoin in the beginning of bullish season only for duration 1-2 years in 2016 and 2020, now we should be become milyuner. So make invest on altcoin should be according when best time to start.

[nowlscor18]

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

just learn how to invest appropriately, wich mean you know when the right time to enter or exit the market,
then you can control your emotion my friend, i believe if you can do that, your portofolio will growth

We cannot eliminate the risk when doing an investment especially in cryptocurrency but we can maximize all our losses by waiting the right time when the market price is too low, just wait for what you expected. Invest only on what you can afford. Dont give all, instead know everything first especially it's safety before taking risk. Make sure first that everything is okay to reduce risk.

[tyr0699]

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

I really feel what you are saying, I believe that is very important to check the company behind any coin before buying their token or invest in their project, by checking I mean to research the history of the team members and also whitepapers, project road mad, and basically, everything that you can find out there, and then make an opinion either to buy or not, for example at this time I am following this project https://bitcointalk.org/index.php?action=profile;u=3339189;sa=showPosts for over a month, and its start to look better and better, but still holding my horses to see how it will work out for a bit longer. I don't think there is a single solution to reduce scams, all we can do is stop buying by impulse and actually take our time to reseach, and also stop focus on what others think is the best and create our own opinion about what we are about to buy. One of the most destructive mentality in crypto communities is to believe that you can get rich overnight only by buying something without actually putting any effort into making the decisions

[Koutami]

Agree, at least top 50 is very safe to be invested, as long it is not a new pumped project that appear out of nowhere.

Yes, but if we go up to the top 50, that's too much in my opinion because not all of them are good either, but if it's only for the top 20, I think it's all good to invest, as long as it's not in Dogecoin.

Most of them are good and have liquidity, if you want to minimalize the risk, going to top 20 are a good option.